The Centers for Medicare & Medicaid Services (CMS) has announced the 2018 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs.
Let’s start with some good news! The standard rate for your Part B Premium will remain the same this year at $134 per month. ALSO, the Part B Deductible is not going to change for 2018. It will remain at $183. We are also seeing a little change with Part A. The Medicare Part A annual inpatient hospital deductible that beneficiaries pay when admitted to the hospital will be $1,340 per benefit period in 2018, (an increase of $24) from $1,316 in 2017. The Part A Hospital Coinsurance will increase from $329 per day to $335 per day for days 61 through 90. For days 91 through 150, the coinsurance will increase from $658 per day to $670 per day. For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $167.50 in 2018 ($164.50 in 2017).
Please call me directly if you have any questions.
Matt Faller
Medicare Advisor
(208) 258-1470
